Kazakhstan TV or Kazakhstan 1 is a state owned channel availabel in Kazakhstan. The channel broadcasts news, current affairs, talk shows as well as live sports to...

Latest tweets about this

berlinbarbarismTuesday 1, December 2015 05:23 PM

RT @TokayevKZ: Frugality and austerity are precisely what Kazakhstan needs to successfully conduct reforms with low prices for its natural вЂ¦

It's Interesting...

Alferon Management Limited of London is a management company responsible for running the International Mineral Resources (IMR) in Kazakhstan. International Mineral Resources (IMR) is a Zurich-based holding subsidiary of the Eurasian Natural Resources Corporation...

Sponsors

Kazakhstan natural resources

Natural Resource Governance Institute

With vast natural resources, including 30 billion barrels of oil reserves and 85 trillion cubic feet of natural gas, Kazakhstan is an increasingly important player in global energy markets. The government relied on hydrocarbons for 39 percent of its revenues in 2010. Kazakhstan exports more than 1.2 million barrels of oil per day and is the world's largest uranium producer; together the mining and petroleum industries accounted for 33 percent of gross domestic product in 2010 and 82 percent of exports in 2009.

Kazakhstan's Performance on the Revenue Governance Index

Kazakhstan received a "partial" score of 57, reflecting satisfactory performance on the Safeguards & Quality Controls component but a low Enabling Environment score.

Kazakhstan's "partial" score of 62 is the product of a detailed legislative framework but insufficient disclosure requirements.

The Oil and Gas Ministry grants hydrocarbon rights following a bidding process or direct negotiations. However, in 2007 the president imposed a moratorium on new licenses to reduce the influence of Chinese companies in the country's oil sector.